Liquidity solution: Pawnbrokers take fine wine as collateral for loans Wed, 22 Feb 2012 12:40:34 -0800 Some U.S. pawnbrokers are accepting fine wines as collateral for loans, along with family jewels and fine art. James Moore: Pawnbrokers prove the banks are telling porkies Tue, 21 Feb 2012 16:40:12 -0800 Outlook One factor that is still proving hugely damaging to Britain's growth prospects is the continuing credit squeeze. Yesterday's deal over Greece is good news for UK banks because the wholesale funding markets should become a little looser than they have been. Pawnshops for prosperous accept wine as collateral Wed, 22 Feb 2012 13:36:23 -0800 NEW YORK (Reuters) - Some U.S. pawnbrokers are taking liquid assets - literally. Along with family jewels and fine art they will accept wines as collateral for loans to help ease cash shortages of businesses and people on all rungs of the economic ladder. "You'd be amazed by how many wealthy individuals have terrible credit ratings," said Jordan Tabach-Bank, head of Beverly Loan Co. in Beverly ... Wine cache rescues those short of cash Wed, 22 Feb 2012 11:50:34 -0800 NEW YORK, Feb 22 (Reuters) - Some U.S. pawnbrokers aretaking liquid assets - literally. Fine wines are among the items they will accept ascollateral for loans, along with family jewels and fine art, asa ... Liquid gold: Pawnshops take wine as collateral Wed, 22 Feb 2012 14:51:48 -0800 Some US pawnbrokers are taking liquid assets - literally. |
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